The regulatory winds are shifting again: New Jersey regulators are proposing to lift the 2023 staking ban on Coinbase, along with its $5 million fine. Coinbase says New Jersey users will be able to resume staking new funds. On top of the news, ARK’s three ETFs bought a combined 24,790 shares of Coinbase stock following its quarterly earnings report, and COIN rose about 8% in a day to around $149. Note the wording: this is a “proposed reversal.” At the time, Coinbase’s own eligibility page still listed New Jersey as restricted, and no date had been set for the official reopening. The easing of the three-year ban is itself a signal—the U.S. states’ stance on staking is shifting from blocking it to bringing it under their wing. #Coinbase #USRegulation